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korea telex its first female president. she has pledged to help the ailing economy. >>> u.s. president barack obama says he wants concrete proposals on gun control presented to him by the end of next month. >> after the school shooting and connecticut, president obama said he was prepared to put the full weight of his office behind this issue. we now know how he plans to do that. these are the victims, three more children buried in newtown, conn., today, a teacher who tried to save them laid to rest as well. now politicians are talking about how to prevent another mass killing of children in their classrooms. >> we have a deep obligation, all of us, to try. >> not president obama has put vice president joe biden in charge, saying that he will outline his proposals next month. >> the good news is there is a growing consensus to build on, with a majority of support banning the sale of military- style assault weapons, a majority support the ammunition clips. that the president says that gun-control legislation will be part of it, but he is not saying, and nobody asked, if he is considerin
.5 billion in penalties. regulators in the u.s., u.k. and sorts when charged ubs and manipulating a key interest rate known as libor. >> his was person -- pervasive manipulation of global benchmark interest rates by dozens of staff across three continents. and the heavy fine reflects the regulator's concerns. the ubs chief executives said those of all but the extent of the fraud and bribes maybe revealed by further criminal investigations. in just one instance revealed by the u.k. financial services authority, ubs made corrupt payments of around $24,000 a quarter for 18 months to brokers to thank them for helping them manipulate the global industry. libor is used to price more than $350 trillion of contracts around the world. potential losers include pension funds, insurance companies, and individuals. more than a dozen banks have been caught up in an international inquiry and there are more cases to come. >> i would imagine there are probably more skeletons in the covered, and that really think that some point policy makers and regulators need to start focusing on the fact that we will
as well as potentially jeopardize and its parent company's charter. a military court has ruled u.s. staff sergeant robert bales will face a court-martial for allegedly slaughtering 16 afghan civilians, including nine children, in march. military prosecutors are seeking the death penalty while defense attorneys have argued that out all of these, drug use and post- traumatic stress disorder may have played a key role in filling his actions. on wednesday, bales attorney john henry brown accused military leadership of responsibility for sending bales to war. >> they should take responsibility for sending someone to high combat area who they knew had ptsd. he is disappointed, but he understands the gravity of the situation. he is working with all of us to try to avoid the first military execution in 50 years. >> bales pre-trial hearing included video testimony from afghans who survived the massacre, including several children who recalled watching their loved ones murdered. no date has been set for the trial. the united nations has issued a new appeal for $1.5 billion to aid those displaced by
, lawmakers have dropped a provision that a ban the indefinite to detention of u.s. citizens from the national defense authorization act, or ndaa. the senate approved an amendment that would prevent the military from imprisoning any u.s. citizen or permanent residents deemed a terrorism suspect without charge or trial. but according to the new york times, congressional negotiators have dropped the provision in the effort to merge the bill's house and senate versions. the swiss banking giant ubs has been ordered to pay a $1.5 billion fine for its role in the manipulation of the london interbank offered rate, or libor, which provides the basis for rates on trillions of dollars in transactions across the globe. the rigging of libor meant millions of borrowers paid the wrong amount on their loans. the bulk of the fines, $1.2 billion, will be paid in the u.s., with the rest going to britain and switzerland. ubs has also admitted to committing wire fraud through its tokyo branch on libor rates in japanese currency. at least nine medical workers have been killed in a series of attacks on a polio vacc
Search Results 0 to 5 of about 6 (some duplicates have been removed)